$RSR dropped 13.8% and $FET 7.2% on Binance in 24 hours.
📊 By the numbers
• RSR: -13.8%, price about 0.00206, volume about 23 million dollars.
• FET: -7.2%, price about 0.2209, volume about 24 million dollars.
• Both trail Bitcoin, which is roughly flat.
• 95% of the 1.1 billion dollars of recent liquidations were longs, per Zerocap.
🎯 Levels to watch
Altcoins with weak volume are more likely to extend moves. Stabilizing volume would show sellers are done.
💬 Which rebounds first, RSR or FET? One word.
#AltcoinSelloff #LongLiquidations
📊 By the numbers
• RSR: -13.8%, price about 0.00206, volume about 23 million dollars.
• FET: -7.2%, price about 0.2209, volume about 24 million dollars.
• Both trail Bitcoin, which is roughly flat.
• 95% of the 1.1 billion dollars of recent liquidations were longs, per Zerocap.
🎯 Levels to watch
Altcoins with weak volume are more likely to extend moves. Stabilizing volume would show sellers are done.
💬 Which rebounds first, RSR or FET? One word.
#AltcoinSelloff #LongLiquidations